Current Use by Public Records
- Jones Ford Verde Valley / Car Dealership / Auto Repair Shop
- Jones Ford Verde Valley Service and Parts / Auto Repair Shop
- Jones Ford Verde Valley Service / Auto Repair Shop
Property Details for 5980 Coury Dr
- Year built
- 16
- Lot size
- 5.25 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Auto shops
Description
This exceptional, President's Award-winning Ford dealership presents a compelling investment opportunity. Located in Camp Verde, Arizona, on a high-visibility corner of SR 260, this 28,468 square foot facility sits on a 5.25-acre lot. The property boasts 475 linear feet of highway frontage, ensuring optimal visibility and accessibility. Built in 2007 and meticulously maintained, the building includes a showroom, sales offices, parts department, service bays, administrative offices, break room, and conference room. Currently operating under a 14-year NNN lease (commencing June 29, 2015, expiring June 30, 2029) with a credit-rated tenant, the property offers exceptional stability and strong cash flow. The lease includes a built-in CPI adjustment based on 2020. The current annual rent is $300,000, supplemented by a sales tax rebate (through April 2028) that significantly boosted income in 2023. The property's 2023 NOI was $478,658, resulting in an 8.28% cap rate. The permitted zoning is C3-2. This turnkey operation offers a rare opportunity to acquire a highly successful, established dealership with significant remaining lease term and substantial upside potential. Detailed financial information is available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Camp Verde
- County
- Yavapai
- State
- Arizona
- Longitude
- -111.959
- Latitude
- 34.6514
